Document Preparation Services in the UK - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

Lost in translation: Ongoing digitalisation efforts among businesses hold back demand for document preparation

Over the five years through 2022-23, the Document Preparation Services industry's revenue is set to contract a compound annual rate of 1.5% to £1 billion, primarily due to COVID-19 disruptions and increased digitalisation efforts eroding the need for physical documents. The industry mainly provides services to businesses. Law firms are a hugely important market, though the industry's market mix shifted somewhat during COVID-19, moving it further towards healthcare providers. The public sector is also gaining importance. When economic conditions are strong, businesses are often more inclined to outsource non-core operations, especially those provided by document preparation companies.

Companies in this industry provide a variety of copying, document preparation and specialised office support operations. These include photocopying, document preparation and secretarial support services.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.